VZ 2010 Odryv Blok Eng 3

A n n u a l R e p o r t

Žermanice

1. Introduction

2. Company basic data

3. Company structure

4. Administered assets

5. Personnel

6. Water deliveries

7. Electric power production

8. Cooperation with the City of Ostrava

9. Water quality inspections

10. Water cleanliness-related accidents

11. Floods in 2010

12. Economic results

13. Auditor’s Report

14. Final accounts

15. Attachment to the Balance Sheet

16. Revitalisation of Bílovka

Contents

3

4

5

7

8

9

11

13

15

17

18

25

28

30

33

41

2 3

A n n u a l R e p o r t P o v o d í O d r y

Reservoir Slezská Harta

professional skills of the employees of the state-owned company

Povodí Odry, who managed, in such highly diffi cult terrain, and

tamed the unconfi ned water energy and who could consequently

repair the caused damages in the professional manner.

Despite the fact that the fl oods and the removal of their

consequences became the most frequent subjects of our

interests, our activities related also to another important step – the

transfer of the Agricultural Water Management into our scope of

responsibilities as from the 1st of January 2011. The year 2010 was

thus a preparatory year. We prepared materials and studies and,

together with our founder the Ministry of Agriculture of the Czech

Republic, hectically did all preparatory works – from the positive to

the negative ones.

Apart from these extraordinary events, which we encountered in

2010, our state-owned company also dealt with usual activities

organised by a regular administrator of water fl ows. Despite

all fl ood-related diffi culties in the year, our employees did the

maximum for the proper fulfi lment of all our duties, and that

resulted in a surplus economic result. I have to express my thanks

to all people working in the state-owned company Povodí

Odry, thanks to whom the very complicated year 2010, both

economically and professionally, has become the very stable

base on which we can build our future works and which has

extended our experience. The year 2011 will be very demanding

because a new agenda and work – the activities conducted by

the Agricultural Water Management so far, will be added to us

from the 1st of January.

Before I fi nish, please, allow me to express my gratitude to all

our employees who participated actively and professionally

in the activities in 2010. Not everything has been expressed in

economical terms because many activities, mainly the personal

approach and attitude to issues, cannot be simply calculated.

I wish to say many thank you also to others who assisted during

the fl oods in 2010 – the rescue service units, local governments,

and residents, who, together with us, contributed to the fl ood

damage removal. You all have earned my thanks and respect

because of the job well done, because of the human solidarity,

understanding, and sympathy in the cases of human tragedies…

I am very glad that I can say this within this Annual Report by the

state-owned company Povodí Odry related to 2010. The year

has become a stepping stone for our future activities in this very

complicated era. However, the state-owned company managed

to administer state assets well as a good and knowledgeable

manager, thanks to the professional skills of its employees. Thank

you very much.

Ing. Ivan Pospíšil

General Director

1. Introduction

Dear readers,

Please, allow me to briefl y describe our work even if this is not easy,

thanks to many events which took place in 2010.

The year 2010 was once again the year marked by repeated

fl oods. The fi rst fl ood affected us with its fi rst wave in the period

from the 12th to the 19th of May, when 380 millimetres of

precipitation fell in the affected area. That was about 50% of the

annual fall-outs in the region. Up to 400 millimetres of water fell

during the second wave from the 1st to the 4th of June. The fl oods

were extreme in middle and lower sections of the rivers, while the

Rivers Ostravice and Olše reported a hundred year waters. The

fi fty year waters showed twice in one month in the Municipality of

Petrovice u Karviné. The fl oods in May and June caused damage

worth about 440 million Czech crowns in Northern Moravia. At the

end of summer – on the 18th of August, water made our still fresh,

but not yet fully absorbed memories alive again. It complicated

the works which had started on repairs of damages caused in May

and June. Our state-owned company had never experienced

such a scope and frequency of fl oods before.

Ripped up embankments of water fl ows were the most serious

damages. They were so extensive and serious that some

embankments were completely missing and parts of our known

landscape have disappeared. Reservoirs affected the fl oods’

development in a fundamental way. The reservoirs’ outfl ows were

minimal at the time of culminations. For example, we let to fi ll in

the Šance reservoir up to the safety overfl ow and we increased

the outfl ow according to hydro-meteorologists’ forecasts. In the

case of the Žermanice reservoir, we succeeded in keeping the

level up to 9 centimetres below the point of maximal retention

level in order to achieve the best effect. It was the combination

of lowering the fl ood waters with the assistance of reservoirs and

transfers of big waters with fl ows’ adjustments and levees used by

our company for the successful prevention of threats to human

lives and of more extensive damage. We protected almost 30

thousand residents in the regions of Ostrava and Frýdek-Místek. The

knowledgeable and operative cooperation with fi re fi ghters, the

coordination of activities within the crisis headquarters, the over

the border cooperation with Poland, and the assistance provided

by other plants within the river basin were also very important and

positive. The good management of the integrated rescue system

and another item – the human compassion and solidarity, prove

themselves just in such situations.

The fl oods thus made the most important part of our activities in

2010.

These fl oods have shown how they differ in our area, which is so

much different in its character, when compared with other areas

and by other colleagues - water managers, their approaches

and handling. The River Odra Basin is the smallest in the Czech

Republic, but the volumes of fl oods’ damages indicate a different

strength, intervals and scope, in which they affect us. The year

2010 is a typical example. Being aware how tragic events the

fl oods are, I am very happy that I can point out the strength and

FOUNDERMinistry of Agriculture of the Czech Republic of the offi cial address

in Těšnov 17,

Praha 1, Post Code 117 05

I.D. No. (IČ): 00020478

PERSON AUTHORISED TO ACT ON BEHIND THE FOUNDER AT THE 31ST OF DECEMBER 2010Mgr. Jan Šlajs, LL.M.

General Director of the Administrative Section

in the Ministry of Agriculture of the Czech Republic

NAME: Povodí Odry, státní podnik

(River Odra Basin, state-owned company)

OFFICIAL ADDRESS: Varenská 49, Ostrava, Moravská Ostrava,

Post Code 701 26

FOUNDING DATE: 1st of January 2001, according to the River Basins

Act No. 305/2000 Coll.

ENTRY IN THE COMMERCIAL REGISTER: Regional Court in Ostrava,

Part A XIV, File No. 584

ENTRY DATE: 26th of March 2001

LEGAL FORM: state-owned company

I.D. (IČ): 70890021

TAX FILE NO. (DIČ): CZ70890021

STATUTORY BODYIng. Ivan Pospíšil, General Director of Povodí Odry, státní podnik

SUPERVISORY BOARDMiroslav Novák (Moravian-Silesian Region), Chairman

Ing. Aleš Kendík (Ministry of Agriculture)

Prof. Dr. Ing. Miroslav Kyncl (North Moravian Water and Sewerage

Systems) from the 1st of February 2010

Tomáš Hanzel (City of Karviná)

Mgr. Petr Birklen (Ministry of Environment)

JUDr. Jindřich Urfus (Ministry of Agriculture)

Ing. Ivana Mojžíšková (River Odra Basin Co.)

Ing. Ivana Musálková (River Odra Basin Co.)

Ing. Jiří Tkáč (River Odra Basin Co.)

EXECUTIVE MANAGEMENTIng. Ivan Pospíšil, General Director

Ing. Petr Březina, Technical Director

Ing. Petr Kučera, Economy Director

Ing. Čestmír Vlček, Commercial Director

Mgr. Miroslav Janoviak, LL.M., Investment Director

Ing. Jiří Tkáč, Director of the Plant 1 in Opava

Ing. Jiří Šašek, Director of the Plant 2 in Frýdek-Místek

2. Company basic data

4 5


Activities by the state-owned company have been determined by

the Founding Document and they are based on legal standards,

especially the Waters Act No. 254/2001 Coll. as amended, the

River Basins Act No. 305/2000 Coll. and the State-owned Company

Act No. 77/1997 Coll. as amended. The activities relate mostly to

the management and administration of important water fl ows,

including border fl ows, water works and smaller water fl ows,

management of which has been assigned to the Company. All

these activities take place within the area of river Odra Basin.

Other Company activities include fi nding about and assessment

of surface and underground water situations in the given area,

investment activities there, including protective provisions

organised against fl oods, remedy activities during and after

water fl ow-related accidents, and at last, but not least, planning

activities in accordance with the relevant legal standards. Other

complementary activities are also organised within the main

activities like, for example, activities of accredited laboratories,

constructions, engineering, projecting and consulting activities

related to water management. These activities take place both

within the Company needs and for external customers.

ORGANISATION COMPANY STRUCTURE• Section of General Director

• Section of Commercial Director

• Section of Technical Director

• Section of Economy Director

• Section of Investment Director

• Plant 1 in Opava

• Plant 2 in Frýdek-Místek

SECTION OF GENERAL DIRECTORDirect responsibilities of the General Director cover the

Department of personnel treating personnel but also social issues,

training, and health and safety at work.

SECTION OF COMMERCIAL DIRECTORThis Section organises services in the area of trading and contract

conclusions, legal and assets’ issues, technology-related activities

and the organisation development of the Company, but also

internal audits and safety in accordance with special regulations.

Section scheme• Department of technological and organisational development

• Legal department

• Internal audits and safety

• Department of commercial contracts

• Property department

SECTION OF TECHNICAL DIRECTORThis Section organises professional activities in the main areas

of water management system, water fl ows’ management,

handling of water works, administration of water management

facilities, energy management, and other activities. This Section

of Technical Director is also responsible for activities undertaken

by the water management Dispatching Offi ce and water

management laboratories. The Section organises coordination

of main trends in prognoses, conceptions and consulting. The

organisation of planning activities related to water fl ows has

a special place among other activities as established in the Waters

Act.

Section scheme• Department of operations

• Water management Dispatching Offi ce

• Department of water management-related conceptions

and information

• Water management laboratories

SECTION OF ECONOMY DIRECTORThis Section organises implementation of plans focussed on the

achievement of effective economy management, especially

in the areas of planning, funding, price creation, subsidies,

accounting, statistics, analytical activities, and work economy.

It organises also the support of information systems and the

management administration.

Section scheme• Department of fi nance

• Department of economic information

• Department of work economy

• Department of informatics

• Department of management administration

SECTION OF INVESTMENT DIRECTORThis Section organises activities related to preparations of

investment implementations and engineering activities, especially

the projecting and geodetic activities. It coordinates main

directions of engineering services and participates in preparations

of investment planning and repairs, including machinery and

facilities having the technological character.

Section scheme• Department of investments

• Projecting department

PLANTSThe Plants implement company plans and objectives within the

determined areas of management, maintenance, repairs and

investment activities taking place at water fl ows in connection

with the main Company activities. The Plants’ activities are

geographically divided between Plant 1 in Opava and Plant 2 in

Frýdek-Místek. The two Plants together cover the entire water basin

area managed by the Company. Apart from the activities directly

related to the management of water fl ows and water works,

the Plants organise and coordinate operations and economic

activities within the determined scope.

Plants’ structure• Section of Plant Director

• Section of operations

• Technology section

• Economy section

• Water management operations

3. Company structure

6 7


Reservoir Slezská Harta

THE COMPLETE COMPOSITION OF LONG-TERM TANGIBLE ASSETS The value of long-term tangible assets has increased by CZK

115.17 million, when compared with the situation in 2009. On

31 December 2010, the total acquisition value of the long-term

tangible assets reached CZK 5 943.32 million.

Buildings CZK 327.45 million

Reservoirs and ponds CZK 3 226.45 million

Water fl ows’ adjustments CZK 1 491.70 million

Weirs and steps CZK 320.12 million

Other objects CZK 155.32 million

Transport and other machinery CZK 172.27 million

Energy machines and facilities CZK 127.47 million

Instruments, special technological facilities and IT CZK 117.83 million

Other inventory CZK 4.71 million

TOTAL LONG-TERM TANGIBLE ASSETS CZK 5 943.32 million

THE STRUCTURE OF THE LONG-TERM ASSETS (without land, permanent growths, other long-term tangible assets and long-term tangible assets in progress)

Buildings Reservoirs and ponds Water fl ows’ adjustments Weirs and steps Other objects

in CZK million % in CZK million % in CZK million % in CZK million % in CZK million %

TOTAL 327,45 100,0 3 226,45 100,0 1 491,70 100,0 320,12 100,0 155,32 100,0

Opava plant 111,29 34,0 2 276,75 70,6 612,16 41,0 116,69 36,5 37,89 24,4

F-M plant 103,39 31,6 949,70 29,4 879,47 59,0 203,43 63,5 110,14 70,9

Management 112,77 34,4 0,00 0,0 0,00 0,0 0,00 0,0 7,29 4,7

Transport and work machines Energy machines and facilities Instruments and special technological facilities Inventory TOTAL LONG-TERM TANGIBLE

ASSETS

in CZK million % in CZK million % in CZK million % in CZK million % in CZK million %

TOTAL 172,27 100,0 127,47 100,0 117,83 100,0 4,71 100,0 5 943,32 100,00

Opava plant 80,82 46,9 78,28 61,4 9,38 8,0 1,19 25,3 3 324,45 55,94

F-M plant 76,26 44,3 44,65 35,0 24,16 20,5 2,61 55,4 2 393,81 40,28

Management 15,19 8,8 4,54 3,6 84,29 71,5 0,91 19,3 225,06 3,79

4. Administered assets

Buildings 5.51%Reservoirs and ponds 54.29%Water fl ows’ adjustments 25.10%Weirs and steps 5.39%Other objects 2.61%Transport and other machinery 2.90%Energy machines and facilities 2.14%Instruments, special technological facilities and IT 1.98%Other inventory 0.08%

5. Personnel

Number of employees 2008 2009 2010

Number of employees in a converted fi gure 459,59 461,71 457,23

Number of employees in natural persons 479 464 463

thereof: white collars 244 237 236

blue collars 235 227 227

- State enterprise headquarters 173 165 166

- Plant in Opava 134 130 130

- Plant in Frýdek-Místek 172 169 167

District 2008 2009 2010

Jeseník 13 13 13

Bruntál 36 36 36

Frýdek-Místek 115 112 114

Karviná 27 26 28

Nový Jičín 24 23 23

Opava 70 67 64

Ostrava 194 187 185

EMPLOYEES BY THEIR WORKPLACE LOCATION

The highest achieved education 2008 2009 2010

University 95 90 97

Completed secondary education 155 170 164

Secondary – apprenticeship 186 171 172

Elementary education 43 33 30

COMPARISON BY THE HIGHEST ACHIEVED EDUCATION

One of the most important tasks in the Human resources

department is to maintain the structure and numbers of

employees as required by the company. The company

supported selected employees when they were increasing their

qualifi cations at universities. Employees have been trained within

their professions and there are updating professional seminars and

language courses organised for them.

The employer organised the updating of the current employees’

classifi cation within the job categorisation. Some measurements

were taken in several company workplaces to lower risks of job-

related disease.

Employees were regularly asked to attend medical examinations

within the preventive health care and the employer contributed to

costs of inoculation against tick-caused encephalitis and hepatitis.

AGE STRUCTURE AT THE 31ST OF DECEMBER 2010

20-24 25-29 30-34 35-39 40-44 45-49 50-54 55-59 60-64 65-69 70-74men women

60

50

40

30

20

10

0

8 9


UNDERGROUND WATER CONSUMPTIONIn the case of underground water, the consumption was slightly

higher in 2010, when compared with the long-term lowest value

achieved in 2009. There was the total of 20.7 million m3 of water

delivered. That was higher year-on-year by 2.5%. In the area of

the river Odra basin, the increases took place in relation to both

underground waters for waterworks’ purposes and for other than

waterworks’ purposes.

Year 2007 2008 2009 2010

Waterworks’ consumption 19.6 20.0 18.5 18.8

Other than waterworks’ consumption 2.4 1.8 1.7 1.9

TOTAL 22.0 22.0 20.2 20.7

UNDERGROUND WATER CONSUMPTION (in million m3)

Year 2007 2008 2009 2010

Waterworks’ consumption 72.0 69.3 68.2 66.9

Other than waterworks’ consumption 92.1 84.6 70.8 77.2

TOTAL 164.1 153.9 139.0 144.1

SURFACE WATER CONSUMPTION (in million m3)

SURFACE WATER CONSUMPTIONThe consumption of surface water from sources managed by the

state-owned company Povodí Odry increased year-on-year after

it reached the minimum in 2009. This was caused mainly because

of renewed industrial activities. The consumption increased by

3.5% in 2010, when compared with the previous year. The year-

on-year increase, related to supplies to industrial objects, was 9%.

In contrast, the trend of decreases of the last fi ve years continued

in the waterworks’ consumption and it decreased by almost 2%,

when compared with 2009.

2007 2008 2009 2010

25

20

15

10

5

0

UNDERGROUND WATER (in million m3)

2007 2008 2009 2010

200

160

120

80

40

0

Waterworks’ water Other than waterworks’ water Waterworks’ water Other than waterworks’ water

SURFACE WATER (in million m3)

6. Water deliveries

10 11

V ý r očn í z p r á v a P o v o d í O d r y

Reservoir Šance

ELECTRIC POWER PRODUCTION - DELIVERY (in kWh)

Month 2007 2008 2009 2010

January 3 093 214 3124579 2752145 3 063 095

February 3 064 310 3291580 2732687 2 993 669

March 3 332 426 3 527 821 3 374 194 3 611 759

April 3 148 842 3 455 558 3 537 788 3 481 896

May 2 624 979 2 994 999 2 951 484 3 251 089

June 1 286 408 2 467 147 1 034 007 2 984 328

July 648 032 1 967 790 3 265 749 1 158 462

August 987 193 2 238 281 1 688 804 1 360 386

September 2 784 097 2 932 176 2 668 799 1 362 465

October 1 942 202 3 223 975 1 628 507 2 441 718

November 1 058 731 1 866 343 1 478 849 2 045 744

December 1 857 365 873 369 1 548 832 3 182 365

(in million kWh/year)

2007 2008 2009 2010

Year 2007 2008 2009 2010

Reservoir Šance 5,887 5,266 5,033 7,123

Reservoir Kružberk 2,677 2,731 2,659 2,934

Reservoir Silesian Harta 16,232 20,371 17,101 16,377

Reservoir Žermanice 0,458 0,453 0,618 0,834

Weir in Studénka 0,078 0,137 0,119 0,136

Reservoir Morávka 0,803 0,940 0,923 1,031

Weir in Podhradí 0,483 0,721 0,644 0,766

Reservoir Těrlicko 0,297 0,323 0,318 0,309

Weir in Lhotka - 2,190 2,385 2,623

TOTAL 26,917 33,133 29,799 32,133

ELECTRIC POWER PRODUCTION BY FACILITIES OF THE STATE-OWNED COMPANY POVODÍ ODRY (in million kWh)

PRODUCTION OF ELECTRIC POWERIn 2010, facilities of the state-owned company Povodí Odry

produced the second highest amount of electric power in the

operations history thanks to the favourite hydrological situation.

The above-average monthly values were achieved mostly in the

fi rst half of the year. Then, the most important small water power

station (SWPS) in Silesian Harta was reconstructed and after that, in

December, almost double amount of power was produced, when

compared with the usual amount in that month. In the total, the 9

SWP stations of the state-owned company Povodí Odry produced

32.1 million kWh of electric power. That is the year-on-year increase

by almost 8%, when compared with 2009.

7. Electric power production

1 2 3 4 5 6 7 8 9 11 11 12

4,03,53,02,52,01,51,00,5

0

2007 2008 2009 2010

353025201510

50

(in million kWh/year)

12 13


In 2010, the cooperation of the state-owned company Povodí

Odry, in the role of an investor and administrator of measures

against fl oods, with the Statutory City of Ostrava continued

in the city area. The cooperation objective has been to

improve the protection against fl oods in individual city parts.

The City co-funded preparations and the implementation of

individual measures taken against fl oods. The investor has been

implementing them within the programme by the Ministry of

Agriculture of the Czech Republic called “Protection against

fl oods II”.

In 2010, the cooperation continued on the basis of principles similar

to those in previous years, especially in two projects: One of the

supported constructions was the “Porubka Adjustments, Svinov,

Km 0.9 – 7.2”, which related to the improvement of the inbuilt area

protection against fl oods along the River Porubka in Ostrava-

Poruba, from the summer swimming pool SAREZA, to the railway

in Ostrava-Svinov. It was about the increased capacity of the

river bed and the construction of protective dams or walls in the

sections, where the river gets out of its bed during fl ood situations.

This construction should signifi cantly improve the safety of the listed

localities, up to the level of twenty-year water level. The idea has

proved right and effective even during fl oods in May and June

2010, when the not yet fi nished construction successfully fulfi lled its

role. The construction started in 2009 and should fi nish in the third

quarter of 2011. The total costs of implementation reach CZK 104.3

million. The City subsidy was CZK 2 million in 2010.

The second investment event supported from the budget of the

Statutory City of Ostrava has been the set of two buildings in the

suburb of Hrabová. They are the “Left-bank levee at the relieving

river branch in Ščučí” and the “Adjustment of the relieving river

branch Ščučí”. The City of Ostrava contributed to those two

constructions CZK 6 million in 2010. The sum was used for the

settlement of rights related to the land on which the constructions

are built. This subsidy was also a part of the cooperation which

started in the previous year. The implementation of the fi rst

construction has already started, while the second one is in the

stage of preparations.

The cooperation of the state-owned company Povodí Odry

and the Statutory City of Ostrava has proved the interest of both

partners in the protection against fl oods in individual city suburbs

and it has extended the previous effective cooperation in this

area.

8. Cooperation with the City of Ostrava

14 15


Reservoir Baška

One of the important activities organised by the river basin administrators

is the fi nding about and assessing the quality of surface and underground

waters – the water quality monitoring. Results of the monitoring make

the basic material which serves for the water quality protection and for

suggesting measures which should improve the quality on the ongoing basis

within the planning process. They present the fundamental information for

the reporting activities by the state-owned company and for the issuance

of opinions on water handling.

River basin administrators create a professional background for the legal

water-related offi ces and assess, a case by case, if a contaminating party

could exceed, with his waste waters, the strict limits ensuring the required

water quality as stated by laws. The river basin administrators execute these

activities free of any charge - they are obliged to prepare and provide their

opinions. In 2010, the Department of care after the water quality issued

more than three thousand written opinions.

The systematically executed water quality analyses are assessed every year

and they serve for the decision-making by the state administrators, but also

for the provision of information to both professionals and non-professionals.

There is the water management situation described on their basis and the

results serve also for negotiations within bilateral treaties and for activities by

the International Commission for the River Odra Protection.

The waters sampling itself, laboratory analyses and hydro-metrical

measurements are organised by water management laboratories. The

laboratory activities consist of chemical, radio-chemical, hydro-biological, and

microbiological tests, including their assessment and the result interpretation.

In 2010, the monitoring of water quality was conducted in accordance with

the valid legislature. There were 119 profi les of fl owing waters monitored.

The frequency was 12 sample takings organised in the year, one profi le was

the subject of 24 sample takings in the year and nine profi les were subjects

of 6 sample takings in the year. The scopes of analysed parameters were

optimised in such a way that relevant substances and also other indicators

necessary for the assessment of chemical and environmental situations

were followed up in individual profi les as well as the ecological water

potential in water bodies. There were also requirements on border fl ows

included. The quality monitoring related to stagnant waters covered also

the “zone” sample taking along several vertical lines in the given reservoir (3

to 7, typically 5) with the frequency of 6 sample takings in the year.

The mentioned basic monitoring was supplemented with the quality

monitoring of a lesser scope determined for special purposes.

The total volume of activities by the water management laboratories was

about CZK 15.885 million in 2010.

Operational monitoring of fl owing andstagnant waters 78.3%Other - internal 0.8%(purpose-oriented monitoring, sediments)

Monitoring for the Agricultural and WaterManagement Administration 5.7%Contamination inspections for the StateEnvironmental Fund 3.5% Other - external 11.7%

WORKS BY THE WATER MANAGEMENT LABORATORY IN 2010 (in %)

9. Water quality inspections

16 17


River Olešnice in Ondřejovice

10. Water cleanliness-related accidents in 2010

TOTAL REPORTED ACCIDENTS 104

Thereof: Confi rmed accidents 96

- Confi rmed leaking into a fl ow 51

- Confi rmed threats to a fl ow 45

Thereof: Not confi rmed accidents 8

ACCIDENTS IN 2010

DIVISION OF THE CONFIRMED ACCIDENTS BY CONTAMINATION KIND

Kind Number

Oil-related accidents 53

Chemical accidents 10

Waste-related accidents 14

Agricultural accidents 8

Other accidents 11

TOTAL 96

In 2010, there were 96 accidents in the total confi rmed, which

threatened the quality of surface or underground waters.

The accidents in 2010 could be classifi ed as ordinary. There was

no serious or extraordinary accident. Generally, they were mostly

diesel fuel-related accidents, and thereof 62% belonged to car

accidents.

Okres

Bílov

ec

Bohu

mín

Brun

tál

Č. Tě

šín

F.-M

ístek

Fren

štát

Frýd

lant

Havíř

ov

Hluč

ín

Jablu

nkov

Jese

ník

Karv

iná

Kopř

ivnice

Krav

aře

Krno

v

N. Jičín

Odry

Opav

a

Orlov

á

Ostra

va

Rým

ařov

Třine

c

Vítko

v

CELK

EM

Reported accidents3 2 6 1 12 4 10 3 5 4 2 3 4 1 3 1 3 16 0 12 0 8 1 104

Confi rmed accidents3 2 6 1 10 4 10 3 5 4 2 1 3 1 3 1 3 15 0 10 0 8 1 96

DIVISION OF REPORTED AND CONFIRMED ACCIDENTS BY OCCURRENCE IN INDIVIDUAL MUNICIPALITIES HAVING EXTENDED AUTHORITIES IN 2010

Oil-relatedChemicalWaste-related

AgriculturalOthers

25

20

15

10

5

0

ACCIDENTS IN THE AREA OF INDIVIDUAL MUNICIPALITIES HAVING EXTENDED AUTHORITIES IN 2010

Bílov

ec

Bohu

mín

Brun

tál

Č. Tě

šín

F.-M

ístek

Fren

štát

Frýd

lant

Havíř

ov

Hluč

ín

Jablu

nkov

Jese

ník

Karv

iná

Kopř

ivnice

Krav

aře

Krno

v

N. Jičín Odry

Opav

a

Orlov

á

Ostra

va

Rým

ařov

Třine

c

Vítko

v

Year 2007 2008 2009 2010

Reported accidents 113 111 117 104

Confi rmed accidents 82 58 96 96

TREND IN THE OCCURRENCE OF REPORTED AND CONFIRMED ACCIDENTS IN THE PERIOD 2006 - 2010

2007 2008 2009 2010

120

100

80

60

40

20

0

Reported accidents Confi rmed accidents

Reported accidents Confi rmed accidents

THE FLOOD-WAVE ON THE 16TH - 18TH OF MAY 2010THE IMPACT BY WATER WORKS WITHIN THE WATER MANAGEMENT SYSTEM IN THE RIVER ODRA BASIN ON THE RIVER OSTRAVICE AND RIVER MORÁVKA FLOW TRANSFORMATION IN THE PROFILE FRÝDEK-MÍSTEK

16. 5. 10 0:00

Flow

rate

(m3 /

s)Fl

ow ra

te (m

3 /s)

Rese

rvoi

r lev

el (i

n m

etre

s ab

ove

the

sea

leve

l)

17. 5. 10 0:00 18. 5. 10 0:00 19. 5. 10 0:00

Capacity of the adjusted flowof River Ostravice in the city

River Ostravice-Frýdek-MístekThe flow rate without the existence of reservoirs

River Ostravice-Frýdek-MístekThe really measured flow rate lowered by the existence of reservoirs

TUESDAYSUNDAY MONDAY

FLOOD-WAVE TRANSFORMATION ON THE 13TH - 24TH OF MAY 2010RESERVOIR ŽERMANICE

900

800

700

600

500

400

300

200

1100

0

80

75

70

65

60

55

50

45

40

35

30

25

20

15

10

5

0

294.00

293.50

293.00

292.50

292.00

291.50

291.00

290.50

290.0013. 5. 10 14. 5. 10 15. 5. 10 16. 5. 10 17. 5. 10 18. 5. 10 19. 5. 10 20. 5. 10 21. 5. 10 22. 5. 10 23. 5. 10 24. 5. 10 25. 5. 10 0:00 0:00 0:00 0:00 0:00 0:00 0:00 0:00 0:00 0:00 0:00 0:00 0:00

Q100 = 79,5 m3/s Qmax = 78 m3/s

Omax = 28 m3/s

O = 10 m3/s

Hmax = 293,41 m abovethe sea level

Elevation point of the maximal level 293.50 m above the sea level

Reservoir level

Reservoir outflow

Reservoir intake

Level of the reservoirreserved area

Q50 = 67-7 m3/s

18 19


A large area centred in Southern Poland and extending to

neighbouring countries, including the Czech Republic, was

subjected to huge fl oods at two occasions, when there fell

extreme regional precipitations in the second half of May and in

the fi rst half of June. In the Czech part of the River Odra basin, the

main fl ooding event was reported on the 16th - 24th of May 2010.

It culminated mostly on the 17th of May 2010. The second part of

the fl oods took place on the 1st - 5th of June 2010 and culminated

on the 2nd of June 2010.

Precipitations during the fi rst event could be characterised by high

amounts falling in the eastern part of the River Odra basin, roughly

to the east from the line connecting towns of Odry, Bílovec and

Hlučín. They reached the values from 100 to 380 mm during the fi rst

part of the fl oods. The heaviest precipitations fell in the period from

the 16th of May 2010, 7 o’clock, to the 17th of May 2010, 7 o’clock.

They reached 175 mm at the northern weather side of the Beskydy

Mts. Such amounts repeat usually after about 100 years. There

were relatively extreme precipitation amounts also in lower areas

in the region of Ostrava. The total precipitation amount reached

the value of about 1 billion cubic metres.

Precipitations falling before the fl oods were also very important

from the outfl ow point of view. The weekly precipitation totals

(from the 8th to the 15th of May 2010) reached 50 to 90 mm in the

suffering area. Flooding situations and fl ow rates took place even

before the main fl oods, when they varied from the 30-day to one-

year waters.

These extreme precipitations refl ected in the fast increases in fl ow

rates in smaller fl ow beds after the 15th of May 2010 and, then,

in the cumulation of also larger fl ows culminations. Signifi cant

repetition of about 100-year levels occurred in the middle of river

Ostravice, river Morávka, lower river Olše, and in river Odra at the

confl uence with river Olše in the area of Bohumín. The repetition

time of 50 years occurred in the middle of river Olše, in the areas of

Český Těšín and Karviná, in river Ostravice in Ostrava, in Lubina at

its inlet to river Odra, and also in Petrůvka in the region of Karviná.

The repetition times of the culmination size consider the impacts of

reservoirs when determined.

The effects of the reservoirs and water transfers signifi cantly

refl ected in river Ostravice by lower culmination fl ow rate, for

example, in the City of Frýdek-Místek from about 800 m3/s down to

550 m3/s. The reservoirs Šance, Morávka, Olešná, and Žermanice

prepared for the situation by prior releases. The reservoirs’ outfl ow

rates at the time of culminations were then just fractions of the

intakes, i.e. Šance – the culmination intake of 200 m3/s, the outfl ow

rate 10 m3/s; Morávka - the culmination intake of 120 m3/s, the

outfl ow rate 6 m3/s; Olešná - the culmination intake of 45 m3/s,

the outfl ow rate 5 m3/s; Žermanice - the culmination intake of

78 m3/s, the outfl ow rate 10 m3/s. All reservoirs’ spaces of the

reservoirs at the disposal were utilised for the transformation of the

fl oods. Because of that, the outfl ows took advantage even of the

11. Floods in 2010

The embankment breakage by river Ostravice in Paskov, which was about 600 m long and about 40 m wide immediately after the flood in May 2010. It has been repaired in September 2010.

The reservoir Šance on the 19th of May 2010 at 8 p.m. - the outflow from the safety overflow by the chute at the rate of about 70 m3/s.

20 21


safety overfl ows. Outfl ow rates through the bottom outfalls were

increased only in the lower river parts. The described handling

prevented water spills over the banks below the reservoirs,

especially in inbuilt areas where no lives, health or assets of

residents or companies were endangered. It protected about 30

thousand people.

However, the high fl ow rates lasting longer resulted, despite the

mentioned effects of the reservoirs and high angles of fl ow beds

in the Beskydy Mts. and related water speed, in some damages to

fl ow adjustments, especially to embankments and fl ow objects.

A large volume of waste settled in lower river parts – gravels,

especially in the lower river Odra. That consequently lowered river

beds’ capacities.

In places, where the fl ow rates could not be affected by reservoirs

or where their effects did not reach, the existing river beds’

capacities were exceeded and some houses, industrial objects

and infrastructure got fl ooded – in Petrovice u Karviné, in Bohumín,

in some parts of Ostrava, in river Lubina in Košatka, and elsewhere.

The impacts of fi nished constructions on the protection against

fl oods were signifi cant. Flowage prevented widening of river

beds of Bílovka in Velké Albrechtice and higher and strengthened

levees in rivers Olše in Karviná, Ostravice in Frýdlant and in

Ostrava. The constructions of branches in river Morávka, below the

Municipality of Vyšní Lhoty, signifi cantly prevented erosion.

Protection measures against fl oods taken in the City of Bohumín

were also partly functional, where the last section of the Freeway

D47 (D1) still has not been fi nished in Šunychl and in Starý Bohumín.

The water management constructions there will be also parts of

the protective system. Some constructions in progress were also of

signifi cant assistance. In spite of signifi cant damage on the not yet

fi nished objects, they prevented, for the fi rst time, the widening of

river beds in Stará Ves nad Ondřejnicí and in Ostrava-Poruba and

Svinov. In contrast, there is still the problem of the so-called inner

waters at the levee in Ostrava-Antošovice.

The second important high precipitation period (from the 1st to

the 4th of June 2010) presented precipitation amounts from 80 to

120 mm in 3 days. It occurred again in the northern weather side of

Beskydy Mts., the region of Ostrava, but also, newly, in the region

of Opava.

Because of the river basin saturation and the high level of

underground waters, caused by previous precipitations, the basin

reacted fast and the fl ow rates in the monitored profi les increased

sharply. However, the culmination fl ow rates below the reservoirs

in river Ostravice and its tributaries reached once again lower

values, when compared with the past. That was thanks to the

important transformation effects by the reservoirs. For example,

there was 2-year level in the City of Ostrava and in river Odra,

above the confl uence with river Olše in the City of Bohumín. An

extreme situation took place again in the Municipality of Petrovice

u Karviné, in the fl ow of Petrůvka, where about the same repetition

time as in the last decade of May occurred, i.e. 50 years. The

11. Floods in 2010

TOTAL PRECIPITATIONS IN THE RIVER ODRA BASIN from the 15th of May 2010, 7 a.m., to the 19th of May 2010, 7 a.m.

POLAND

RIVER MORAVA BASIN

SLOVAKIA

22 23


fl ow rate at the stations in Dětmarovice and Věřňovice, in the

river Olše, did not reach the fi ve-year level. The second wave

was threatening mainly because it affected river beds damaged

by extreme fl ow rates of the fi rst wave. Floods occurred only

exceptionally - again in Petrovice u Karviné, and newly in the

region of Opava. The levees fi nished within the programmes

protecting against fl oods in Velké Hoštice prevented fl ooding for

the second time, after 2007. The wider river bed in the Municipality

of Otice, in Hvozdnice Creek - still under construction, functioned

well for the fi rst time.

Activities by the state-owned company Povodí Odry during the fi rst

wave started in a complicated situation because there had been

already fl ooding and higher fl ow rates reported before the wave,

especially in fl ows of Odra, Opava, Hvozdnice, and Petrůvka.

In spite of the fl ood level-related activities, the water levels

were lowered in reserve parts of reservoirs after the information

about the meteorological forecast had been received. We

recommended to the Firefi ghting Rescue Service building a mobile

protective bank at the settlement of Koblov-Žabník in Ostrava, at

the confl uence of rivers Odra and Ostravice.

We have organised prognoses with the precipitation-

outfl ow model HYDROG and, after discussing the results with

representatives of the Czech Hydrometeorological Institute

(ČHMÚ) in Ostrava, there was the information for the Integrated

Rescue System issued every twelve hours. On the basis of

prognoses’ results, water management activities were ordered

and implemented in reservoirs. We continuously observed water

fl ows and organised better safety supervision over levees and

dams. When serious situations were identifi ed, we organised the

relevant works. Other specialised tasks were performed within,

but also outside the framework of usual activities on the basis of

decisions taken by the Moravian-Silesian Regional Crisis Committee

during day and at night. During the fl ood situation and after the

culmination, we attended about 100 critical places, where assets

were endangered mostly by river erosion, but also by waste

settlement. The biggest problems were identifi ed in:

1) A break by river Ostravice at the railway station Paskov, which

had the length of about 600 m and the width of 40 m,

2) The settlement of gravel in the lower river Odra, between

Ostrava and Bohumín.

After the fl ood, we started also calculating the fl ood-related

damages. That was complicated by prevailing high, almost

fl ooding level fl ow rates. The costs of necessary fl ood-related

repairs reached the total of CZK 415.6 million. Adjustment

works in fl ows transformed basically into the repairs of fl ood-

related damages. The state-owned company utilised fi nancial

reserves of past years for the immediate solution of the situation

in the damaged water fl ows and that helped in their removal

even before the relevant funds came from the state subsidy

programmes and insurance. The mentioned total sum of CZK 415.6

million allowed works worth CZK 151.5 million, which were done in

2010. Almost 40% of the damage has been repaired in 2010. The

in time activities signifi cantly decreased risks to residents and their

assets as well as to the further damage to constructions. That was

verifi ed immediately after the end of August 2010, when the next

smaller fl oods took place in the upper river Olše.

The fl ood in spring 2010 presented an extreme hydrological event,

the second biggest fl ood, after 1997, which has occurred in the

area administered by the company since its founding. It can be

characterised, from the state-owned company point of view, with

the two following aspects:

1) Protection of about 30 thousand residents by the effective

management of the reservoirs in the water management system,

2) Extraordinary scope and the speed of remedy works.

Despite the effi cient activities organised during the fl oods in 2010,

we would appreciate a calm year 2011 without hydrological

extremes. That would allow us to repair the remaining damage

and to refresh our physical strength.

11. Floods in 2010

24 25


Reservoir Olešná


The economic results were substantially affected in 2010 by the

extensive fl oods covering the area of the river Odra basin at the

end of May and at the beginning of June. The level of damages

reached CZK 415 576 thousand.

There were CZK 151 545 thousand from operating costs spent in

2010 in connection to fl ood damages.

A substantial part of the costs related to repairs which

amounted to CZK 132 289 thousand. Other related costs were

those connected to works done by mechanisms, to materials’

consumption and, at a lesser extent, to other expenditures within

the accounting group of services.

There was the total of CZK 10 915 thousand invested into the

removal of fl ood-related damage.

When it came to resources, the expenditures related to the fl ood

damage occurring in 2010 were partly covered from the subsidy

programme by the Ministry of Agriculture of the Czech Republic -

at the level of CZK 57 538 thousand, the operational chapter and

from the investment chapter - CZK 5 554 thousand.

Proceeds from insurance at the level of CZK 41 582 thousand were

also an important resource. The remaining part of the costs, of

both operating and investment character, was fully covered from

our own resources - the total volume of CZK 57 786 thousand.

In spite of the negative impacts of the fl oods, the company

achieved profi ts in 2010 at the level of CZK 13 785 thousand.

The total costs were CZK 699 132 thousand and that presents

the year-on-year increase by CZK 159 518 thousand. The most

important item in the costs related to repairs, which were

implemented in the total volume of CZK 213 392 thousand and

increased year-on-year by CZK 119 461 thousand. Within repairs

(without the damage caused by the fl oods in 2010), the company

repaired also damages caused by the fl oods in 2009 - CZK 30 477

thousand. Other, usual repairs of water management assets

required CZK 40 608 thousand. Repairs and the maintenance of

other assets were done with CZK 9 615 thousand.

Thanks to the fl oods, the company exceeded year-on-year the

consumed purchases and services. The higher values, when

compared with 2009, were reported also within other operating

costs, where the insurance premium increase refl ected in the

negative way. The total costs include also the created reserves

related to fl ood risks and the risks connected with the assets

bought with investment subsidies. They do not allow the resource

creation in the form of depreciation. The reserves were utilised in

accordance with their creation purpose in 2010 and they were

again created at the total balance of CZK 13 930 million against

the costs.

The total revenue reached CZK 712 918 thousand. They include

mainly fees received in connection to surface water consumption

- CZK 482 918 thousand, and proceeds from electric power

generation at the level of CZK 60 568 thousand. The operational

subsidies reached the sum of CZK 60 765 thousand. Aside to

their utilisation for the fl ood-related damage occurring in 2010 at

the level of CZK 57 538 thousand, they were utilised also, at the

volume of CZK 3 227 thousand, for the repair of the fl ood damage

caused in 2009. Insurance coverage, at the total level of CZK

77 513 thousand, made also an important part of the revenue from

operations. The coverage related to the fl ood damages caused

both in 2009 and in 2010.

The Balance Sheet part of the economy, the assets specifi cally,

shows increases in long-term assets like the land, constructions

and tangible assets at the beginning of 2010. Also, the investments

in progress increased in their value, while the total acquisition of

long-term assets reached CZK 443 408 thousand in 2010, thereof

CZK 285 949 thousand was from subsidies, CZK 114 991 thousand

from our own resources, and CZK 42 468 thousand from free of

charge transfers. The investment subsidies were utilised mostly from

the budgetary chapter of the Ministry of Agriculture of the Czech

Republic in connection to the fl ood prevention at the level of CZK

191 901 thousand. The acquisitions, related to preparations for the

construction “Provisions in the upper river Opava, reached CZK

49 994 thousand. The removal of fl ood damages caused in years

2007, 2009, and 2010 required CZK 28 210 thousand and the pond

reconstructions asked for CZK 2 746 thousand. CZK 5 284 thousand

was utilised from the operational environmental programme in

connection with the reconstruction of the water management

monitoring system Dispatching Offi ce. The Offi ce also studies the

fl ood risks related to river Odra. CZK 7 814 thousand from local

budget subsidies was invested in the fl ood prevention measures.

The current assets increased mostly because of higher short-term

claims (especially related to the not paid claims against insurance

and tax claims against the government).

The level of claims after the due date was minimal throughout the

year. The year-on-year decrease in the fi nal balance of the short-

term fi nancial assets was infl uenced by higher demands on our

own resources. That ensured that the fl ood damages caused in

2010 were removed at almost 40% of the total volume.

In liabilities, our equity increased mostly in the item Other capital

funds. That happened partly thanks to the free acquisition of assets

related to the transfer of water fl ows’ administration during 2010,

partly because of the achieved economic results.

The value of foreign resources increased, despite decreases in

the short-term and long-term liabilities, because of the created

reserves.

The total indebtedness was positively infl uenced by paid

instalments related to the returnable fi nancial assistance for the

construction of the Silesian Harta reservoir and thanks to the Bank

credit provided for the removal of fl ood-related damages caused

in 1997. This loan will be fully covered in May 2011.

We can say that despite the negative impacts, which we had to

handle during the year, the company was in a relatively stable

economic and fi nancial position at the end of 2010.

The company achieved good profi ts, while the economic results

refl ected also the creation of the necessary reserves. However,

the most important economic plus was the implementation and

funding of the almost 40% share in the total volume of fl ood-

related damages caused in 2010.

In spite of the year-on-year decrease in the resources at the

disposal, the indicators of liquidity, profi tability, activity, and

indebtedness were good at the end of the year.

The state-owned company will have to manage also other

negative infl uences in the next period, in 2011. They will be, for

example, lower deliveries of surface water and especially the

higher costs related to transformation activity by the Agricultural

Water management Administration.


26 27


Revenue 567 312

thereof: Surface water 482 918

Electric power 60 568

Fish 13 699

Services and goods 10 127

Change in own produced inventory -1 187

Activation 909

Other operating revenue 143 492

Total operating revenue 710 526

Total fi nancial revenue 2 392

thereof: Received interest 2 338

Other 54

TOTAL REVENUE 712 918

REVENUE (in thousand CZK)

After the deferred tax profi t 13 785

Value-added 253 875

ECONOMIC RESULTS (in thousand CZK)

Surface water revenue 482 918

Electric power revenue 60 568

Revenue from fi sh 13 699

Revenue from sold services and goods 10 127

Other revenues 145 606

TOTAL REVENUE 712 918

REVENUE STRUCTURE (IN THOUSAND CZK)

Consumed purchases 46 622

Purchased services 266 537

thereof: Repairs and maintenance 213 392

Other services 53 145

Personnel costs 208 190

thereof: Wages 146 495

Health insurance and social security 51 185

Other social costs 10 510

Taxes and fees 2 285

Other operational costs 14 464

Depreciation, corrections and reserves 142 711

thereof: Depreciation 128 722

Corrections and reserves 13 989

Total operating costs 680 809

Total fi nancial costs 310

thereof: Paid interest 85

Other 225

Deferred tax 18 013

TOTAL COSTS 699 132

COSTS (in thousand CZK) COSTS STRUCTURE (in %)

Consumed purchases 6,67 %

Services 38,12 %

Personnel costs 29,78 %

Depreciation, reserves, and corrections 20,41 %

Other costs 5,02 %


Consumed purchasesServicesPersonnel costsDepreciation, reserves, and correctionsOther costs

Surface water revenueElectric power revenueRevenue from fi shRevenue from sold services and goodsOther revenues


REPORT BY AN INDEPENDENT AUDITORfor the founder of the state-owned company POVODÍ ODRY

Report on the closing balance

On the basis of an executed audit, we have issued the following Report on the Closing Balance, which makes a part of the Annual Report, on

the 14th of March 2011:

“We have executed an audit of the enclosed Final Accounts of the state-owned company Povodí Odry, which consist of the Balance Sheet

prepared at the 31st of December 2010, the Profi t/Loss Account of the period from the 1st of January 2010 to the 31st of December 2010,

the Review of cash-fl ow in the period from the 1st of January 2010 to the 31st of December 2010, and the Attachment to the Final Accounts,

including the description of important used accounting methods and other explanatory information. The data related to Povodí Odry, state-

owned company, are presented on Page 1 to these fi nal Accounts.

Responsibilities of the Accounting Unit’s Statutory Body for the Final Accounts

In accordance with the Czech accounting regulations, the Statutory Body of the state-owned company Povodí Odry, is responsible for the

preparation and truthful description of the Final Accounts and for the control system, which is considered necessary for the preparation of the

Final Account and prevents the occurrence of any important (material) mistakes caused by misinterpretation or deceit.

The auditor’s responsibilityOur responsibility is to issue a verdict on these Final Accounts on the basis of an executed audit. We did the audit in accordance with the

Auditors Act and the International Auditors’ Standards and relevant application clauses by the Chamber of Auditors of the Czech

Republic. In accordance with these regulations, we are obliged to maintain ethical standards and plan and execute the audit in such way

that we become adequately assured that the Final Accounts do not contain any important (material) inaccuracies.

The audit includes the execution of auditing processes the goal of which is to gain proving information on sums and data presented in the Final

Accounts. The selection of auditing processes depends on the auditor’s judgments, including the assessment of risks that the Final Accounts

contain important (material) inaccuracies caused by a deceit or mistake. When considering these risks, the auditor takes into the account

any internal controls which are relevant for the preparation of a truthful description given by these Final Accounts. The objective behind the

assessment of internal controls is to suggest suitable auditing processes, but not to present an opinion on the internal controls’ effectiveness.

The audit also contains the assessment of the suitability of accounting methods, the appropriateness of accounting estimates made by the

management and the assessment of the general presentation of the Final Accounts.

We believe that the proving information which we gained has made a satisfactory and suitable base for the presentation of our verdict.

The auditor’s verdict

In our opinion, the Final Accounts provide for the truthful and honest presentation of assets and liabilities of the state-owned company Povodí Odry as at the 31st of December 2010 as well as of costs, revenues, economic results, and the cash-fl ows in the period from the 1st of January 2010 to the 31st of December 2010, according to the Czech accounting regulations.

The above-presented paragraph presents the “Verdict without reservations”.

Report on the Annual Report

30 31


28 29


We have verifi ed the correspondence of the Annual Report with the Final Accounts, which make a part of this Annual Report by the state-

owned company Povodí Odry and which was prepared at the 31st of December 2010.

The Statutory Body of the company is responsible for the correctness of the Annual Report. Our task is to issue a verdict on the correspondence

of the Annual Report with the Final Accounts on the basis of an executed verifi cation.

We have executed the verifi cation in accordance with the International Auditing Standards and relevant application clauses by the Chamber

of Auditors of the Czech Republic. These standards require from auditors planning and execution of the audit in such way that an appropriate

assurance could be achieved that the information presented in the Annual Report, taken over from the Final Accounts, correspond, in all

important facts, with these Final Accounts. We believe that the executed verifi cation provides the appropriate base for the presentation of the

auditor’s verdict.

In our opinion, the information presented in the Annual Report by the state-owned company Povodí Odry, prepared at the 31st of December 2010, corresponds in all important facts with the above-mentioned Final Accounts.

In Ostrava on the 29th of April 2011

FINECO audit spol. s r.o.

Ke Kamenině 453/18, Ostrava, Hrušov

Certifi cate KA ČR No. 243

On behalf of the Auditing company:

Ing. Ivo Knopp,

Auditor, Certifi cate No. 1537

Company Statutory Representative

ROZVAHA v plném rozsahu k 31. 12. 2010 (v tis. Kč)

Classa

ASSETSb

Linec

Current Accounting Period Previous period

4Gross

1Adjustment

2Net3

TOTAL ASSETS 001 6 754 902 -2 368 430 4 386 472 4 317 611

B. Long-term Assets 003 6 439 443 -2 367 254 4 072 189 4 047 102

B.I. Long-term Intangible Assets 004 96 883 -74 813 22 070 30 813

B.I.2. Intangible Research and Development 006 13 948 -13 948

B.I.3. Software 007 36 449 -34 252 2 197 3 237

B.I.6. Other Intangible Long-term Assets 010 44 939 -26 613 18 326 26 504

B.I.7. Intangible Long-term Assets in Progress 011 1 547 1 547 1 072

B.II. Long-term Tangible Assets 013 6 342 560 -2 292 441 4 050 119 4 016 289

B.II.1. Land 014 275 271 275 271 258 240

B.II.2. Building Structures 015 5 521 039 -2 006 401 3 514 638 3 511 996

B.II.3. Independent Items and Sets of Items 016 422 283 -285 627 136 656 133 518

B.II.4. Permanent Growths 017 413 -413

B.II.6. Other Long-term Tangible Assets 019 314 314 314

B.II.7. Long-term Tangible Assets in Progress 020 123 240 123 240 112 221

C. Current Assets 031 311 991 -1 176 310 815 268 390

C.I. Inventory 032 10 120 10 120 10 606

C.I.1. Materials 033 3 464 3 464 3 368

C.I.4. Animal Stock 036 6 612 6 612 6 975

C.I.5. Goods 037 44 44 237

C.I.6. Advance Payments for Inventory 038 26

C.II. Long-term Receivables 039 837 837 202

C.II.5. Long-term Advance Payments 044 810 810 179

C.II.7. Other Receivables 046 27 27 23

C.III. Short-term Receivables 048 183 645 -1 176 182 469 102 735

C.III.1. Trade Receivables 049 92 798 -1 176 91 622 67 624

C.III.6. State - Taxation Receivables 054 26 280 26 280 24 657

C.III.7. Short-term Prepayments 055 2 996 2 996 3 726

C.III.8. Estimated Receivables 056 61 442 61 442 5 722

C.III.9. Other Receivables 057 129 129 1 006

C.IV. Short-term Financial Assets 058 117 389 117 389 154 847

C.IV.1. Cash in Hand 059 268 268 234

C.IV.2. Cash in Banks 060 117 121 117 121 154 613

D.I. Accruals 063 3 468 3 468 2 119

D.I.1. Deferred Expenditures 064 3 412 3 412 2 062

D.I.3. Deferred Income 066 56 56 57

Control Number 998 27 016 140 -9 473 720 17 542 420 17 268 325

14. Final Accounts

30 31


ClassLIABILITIES

bLine

c

Current Accounting Period

5

Previous Accounting Period

6

a LIABILITIES 067 4 386 472 4 317 611

b Vlastní kapitál 068 4 054 928 4 010 194

A.I. Základní kapitál 069 1 519 186 1 519 186

A.I.1. Základní kapitál 070 1 519 186 1 519 186

A.II. Kapitálové fondy 073 2 288 277 2 247 032

A.II.2. Ostatní kapitálové fondy 075 2 288 277 2 247 032

A.III. Rezervní fondy, nedělitelný fond a ostatní fondy ze zisku 078 233 680 230 012

A.III.1. Zákonný rezervní fond/Nedělitelný fond 079 151 919 151 919

A.III.2. Statutární a ostatní fondy 080 81 761 78 093

A.V. Výsledek hospodaření běžného účetního období /+ -/ 084 13 785 13 964

B. Cizí zdroje 085 331 451 307 287

B.I. Rezervy 086 120 414 106 484

B.I.4. Ostatní rezervy 090 120 414 106 484

B.II. Dlouhodobé závazky 091 173 578 157 447

B.II.1. Závazky z obchodních vztahů 092 68

B.II.9. Jiné závazky 100 34 993 36 807

B.II.10. Odložený daňový závazek 101 138 585 120 572

B.III. Krátkodobé závazky 102 35 629 37 146

B.III.1. Závazky z obchodních vztahů 103 6 197 10 638

B.III.5. Závazky k zaměstnancům 107 12 074 11 834

B.III.6. Závazky ze sociálního zabezpečení a zdravotního pojištění 108 6 929 6 408

B.III.7. Stát - daňové závazky a dotace 109 1 989 1 908

B.III.8. Krátkodobé přijaté zálohy 110 128 809

B.III.10. Dohadné účty pasivní 112 2 244 2 087

B.III.11. Jiné závazky 113 6 068 3 462

B.IV. Bankovní úvěry a výpomoci 114 1 830 6 210

B.IV.1. Bankovní úvěry dlouhodobé 115 1 830

B.IV.2. Krátkodobé bankovní úvěry 116 1 830 4 380

C.I. Časové rozlišení 118 93 130

C.I.1. Výdaje příštích období 119 6 4

C.I.2. Výnosy příštích období 120 87 126

Kontrolní číslo 999 17 532 010 17 256 350

14. Final Accounts

PROFIT / LOSS ACCOUNT in full in kind structure related to the period from the 1st of January 2010 to the 31st of December 2010 (in thousand CZK)

Classa

Textb

Line No.c

Result in the Accounting PeriodCurrent

1Previous

2I. Revenues from Sold Goods 001 6 7

A. Costs of Sold Goods 002 9 8

+ Gross Margin 003 -3 -1

II. Production 004 567 028 517 890

II.1. Revenues from Sales of Own Products and Services 005 567 306 516 891

II.2. Change in Own Produced Stock 006 -1 187 64

II.3. Capitalisation 007 909 935

B. Production Consumption 008 313 150 182 319

B.1. Materials, Light and Power 009 46 613 43 216

B.2. Services 010 266 537 139 103

+ Value Added 011 253 875 335 570

C. Personnel Expenses 012 208 190 199 886

C.1. Wages 013 146 495 142 644

C.3. Social Security and Health Insurance Costs 015 51 187 47 482

C.4. Fringe Benefi ts 016 10 508 9 760

D. Fees and Taxes 017 2 285 1 685

E. Long-term Tangible and Intangible Assets Depreciation 018 128 722 128 678

III. Revenue from Sales of Long-term Assets and Materials 019 2 267 10 235

III.1. Revenue from Sales of Long-term Assets 020 2 206 10 231

III.2. Revenue from Sales of Materials 021 61 4

F. Net Book Value of Sold Long-term Assets and Materials 022 531 561

F.1. Net Book Value of Sold Long-term Assets 023 531 561

G. Reserves and Deferred Income in Operating Revenue 025 13 989 42 595

IV. Other Operating Revenues 026 141 224 22 435

H. Other Operating Expenses 027 13 934 13 739

* Operating Profi t/Loss 030 29 715 -18 904

X. Interest Received 042 2 338 2 894

N. Interest Paid 043 85 279

XI. Other Financial Revenue 044 54 115

O. Other Financial Expenses 045 224 281

* Profi t/Loss from Financial Operations 048 2 083 2 449

Q. Income Tax on Ordinary Activities 049 18 013 -30 419

Q.2. - Deferred Tax 051 18 013 -30 419

** Profi t/Loss from Ordinary Activities 052 13 785 13 964

*** Profi t/Loss of the Accounting Period 060 13 785 13 964

**** Profi t/Loss before Tax 061 31 798 -16 455

Control Number 999 2 866 266 2 304 247

14. Final Accounts

32 33


GENERAL DATA

Commercial name: Povodí Odry, státní podnik (state-owned

company River Odra Basin)

Offi cial address: Varenská 49, Ostrava, Moravská Ostrava, Post

Code 701 26

Legal form: state-owned company

Identifi cation number: 70890021

Main business activities: River basin management meaning the

management of important water fl ows, activities related to the

fi nding about and assessment of the situation of surface and

underground waters in the area of river Odra basin and other

activities executed by river basin administrators in accordance

with the Water Act No. 254/2001 Coll. and changes in some

other laws (Waters Act) as amended and the Water Basins

Act No. 305/2000 Coll. and related legal regulations, including

the management of lesser water fl ows in the given area of the

water basin the management of which has been assigned to

the company, and other activities registered in the Commercial

Register.

Legal founding: River Basin Act No. 305/2000 Coll.

Date of founding (the date when the Act No. 305/2000 Coll.

became effective): 1st of January 2001

Founder: Ministry of Agriculture of the Czech Republic

Predecessors of the state-owned company: Povodí Odry, joint

stock company

Balance Sheet Date: 31st of December 2010

Date of the Balance Sheet Preparation: 3rd of March 2011


ORGANISATION CHART

900

Department of personnel

901

941 942

931 932 933 935 936

921 922 923 927

911 913 914 915 916

910 920 930 940 100 200

110 120 121 122 123 124 125 126 128 130

210 220 221 222 223 224 225 226 227 228 230

TreasuryBoard

Executive ManagementSupervisory

Board

Technological Board

General Director

Department of investments

Projection department

93

Department of fi nance

93

Dpt. of economic info

933

Department of the labour economy

9353

Department of informatics

93635

Administration department

Department of operations

WM dispatching offi ce

Dpt. of WM concepts and info

Water management laboratories

Dpt. of technol. and organ. dev. Legal department Dpt. of int. audit

and safetyTrade controlling

departmentProperty

department

Commercial Director

TechnicalDirector

EconomyDirector

Investment Director

Opava plant Director

Frýdek-Místek plant Director

Section of Director

Section of operations

WM oper. in in Opava

WM oper. in in Skotnice

WM oper. in in Krnov

WM oper. in reservoirs

WM oper. in Jeseník

Transport and mechanisation

Technological section

Economy section

Section of Director

Section of operations

WM oper. inFrýdek-Místek

WM oper. in Ostrava

WM oper. in Č. Těšín

WM oper. in reservoirs

WM of fi sh operations

Transport and mechanisation

Workshops and maintenance

Technological section

Economy section

CHANGES AND ADDITIONS EXECUTED IN THE COMMERCIAL REGISTER DURING THE ACCOUNTING PERIOD The Regional Court in Ostrava, Department of the Commercial

Register, has entered the following changes in 2010:

▪ 23rd of February 2010 - there has been a Resolution issued which

related to the entry of a new member of the Supervisory Board

of the state-owned company Povodí Odry (the legality of the

Resolution occurred on the 17th of March 2010) on the basis of

a proposal presented on the 22nd of February 2010

▪ 18th of March 2010 - the official obligation required a partial

change in the name of the state-owned company Povodí Odry

official address (the precise address)

▪ 6th of May 2010 - there has been a Resolution issued which related

to a change in the assets of the state-owned company Povodí

Odry (the legality of the Resolution occurred on the 12th of May

2010) on the basis of a proposal presented on the 5th of May 2010

▪ 7th of June 2010 - there has been a Resolution issued which related

to a change in the person acting on behalf of the founder (the

legality of the Resolution occurred on the 17th of June 2010) on

the basis of a proposal presented on the 7th of June 2010

▪ 25th of August 2010 -there has been a Resolution issued which

related to a change in the person acting on behalf of the

founder (the legality of the Resolution occurred on the 1st of

September 2010) on the basis of a proposal presented on the

24th of August 2010.

STATUTORY BODY OF THE STATE-OWNED COMPANY (as at the

Balance Sheet date)

Ing. Ivan Pospíšil, General Director

Representatives of the Statutory Body of the state-owned

company – the General Director:

▪ First Deputy: Ing. Petr Březina, Technical Director

▪ Second Deputy: Ing. Petr Kučera, Economy Director

▪ Third Deputy: Ing. Čestmír Vlček, Commercial Director

SUPERVISORY BOARD (as at the Balance Sheet date)

Miroslav Novák

JUDr. Jindřich Urfus

Ing. Aleš Kendík

Tomáš Hanzel

Prof. Dr. Ing. Miroslav Kyncl

Mgr. Petr Birklen

Ing. Ivana Musálková

Ing. Ivana Mojžíšková

Ing. Jiří Tkáč

CHANGES IN THE ORGANISATION STRUCTURE DURING THE ACCOUNTING PERIOD There were no changes in the organisation structure of the state-

owned company Povodí Odry during the accounting period.

EMPLOYEES AND PERSONNEL COSTS

At 31.12.2009 At 31.12.2010

Average number of employees 462 457

Wage costs, including Other personnel costs (in thousand CZK) 142 644 146 495

Costs of the social security and health insurance (in thousand CZK)

47 480 51 185

OTHER PAYMENTS TO PEOPLE WHO MAKE UP THE STATUTORY BODY OR ARE MEMBERS OF THE SUPERVISORY BOARD:▪ Statutory Body: Free use of cars (there has been the sum at

the level of 1% of the purchase price of the car added to the

taxable income for each month of use in accordance with § 6

(6) in the Income Tax Act) and the contribution to the additional

pension insurance policy

▪ Members of the Supervisory Board, who are the employees of

the state-owned company Povodí Odry: The contribution to

the additional pension insurance policy and life insurance -

Ing. Ivana Musálková, Ing. Ivana Mojžíšová, Ing. Jiří Tkáč,

▪ Free use of a car - Ing. Jiří Tkáč, Director of the Plant in Opava

(there has been the sum at the level of 1% of the purchase price

of the car added to the taxable income for each month of the

use in accordance with § 6 (6) in the Income Tax Act)

VALUATION WAYS AND THE USED ACCOUNTING METHODSVALUATION WAY ▪ Purchased inventory - purchase prices,

▪ Own created inventory (including fish gains) - own costs,

▪ Lost inventory (with the exception of fish) - the FIFO method,

▪ Loss of fish – the method of the weighted arithmetical average,

▪ Long-term tangible and intangible assets created within own

activities (activation) - own costs,

▪ Purchased long-term tangible and intangible assets - purchase prices,

▪ Long-term tangible and intangible assets gained free

of charge - reproduction purchase prices,

▪ Money, valuables, and receivables when occurring - nominal values.

DEPRECIATION PLANS - THE SET UP WAY AND THE USED DEPRECIATION METHODS The depreciation way has been determined in a depreciation

plan. Long-term tangible assets are depreciated by the annual

depreciation rates determined for individual asset groups.

The depreciation rates correspond with the wear under usual

operations existing within Povodí Odry Co. Intangible investment

assets are depreciated by the annual depreciation rate of

25%. Accounting depreciation of both long-term tangible and

intangible assets takes place at the level of one twelfth of the

total annual depreciation when books are closed monthly. That

happens also in the month when assets are registered as the

company assets.

THE WAY OF TRANSFERRING DATA IN FOREIGN CURRENCIES INTO THE CZECH CURRENCYForeign currencies are transferred with daily exchange rates

valid on the foreign-exchange market announced by the Czech

National Bank on the day of specifi c accounting events.

CORRECTIONSThere are corrections related to receivables created by

the accounting unit. They are legal corrections created in

accordance with the Income Tax Act and the Reserve Act. There

are also accounting corrections related to receivables, which are

6 months after the due date, created at the level of 50%, or at the

total level of 100% in the case of receivables more than one year

after the due date.


34 35


ADDITIONAL INFORMATION ON THE BALANCE SHEET AND THE PROFIT/LOSS ACCOUNT

LONG-TERM ASSETS

At 31.12.2009 At 31.12.2010

Class Entry price Corrections Entry price Corrections

Buildings, halls and structures 306 993 77 779 327 451 84 189

Other building objects 5 124 245 1 841 463 5 193 588 1 922 212

TOTAL 5 431 238 1 919 242 5 521 039 2 006 401

LIST OF CONSTRUCTIONS - Account 021 (in thousand CZK)

At 31.12.2009 At 31.12.2010

Class Entry price Corrections Entry price Corrections

Energy-related and driving machinery 121 558 55 966 127 474 65 873

Work machines and facilities 72 003 44 551 77 818 46 078

Instruments and tech-nological facilities 109 964 88 497 117 833 93 472

Transport equipment 88 604 71 495 94 449 77 044

Inventory 4 779 2 881 4 709 3 160

TOTAL 396 908 263 390 422 283 285 627

LIST OF INDEPENDENT TANGIBLE ASSETS AND SETS OF TANGIBLE ASSETS - Account 022 (in thousand CZK)

Animals At 31.12.2009 At 31.12.2010

Reported as long-term assets - -

Reported as inventory 6 975 6 612

ANIMALS REPORTED AS LONG-TERM ASSETS OR THE INVENTORY (in thousand CZK)

Receivables (both long and short-term) - Accounting group 31

k 31.12.2009 k 31.12.2010

Receivables with due dates longer than 5 years - -

Receivables after the due date (gross) 3 446 3 005

RECEIVABLES (in thousand CZK)

Situation on 1.1.2010, Account 391 - opening balance - credit

Accounting in 2009Turnover - debit

Creation in 2010Turnover - credit

Situation on 31.12.2010,Account 391 - closing balance – credit

Legal 802 802 862 862

Accounting 314 314 314 314

TOTAL 1 116 1 116 1 176 1 176

CORRECTIONS RELATED TO RECEIVABLES - Account 391 (in thousand CZK)

Long-term liabilities At 31.12.2009 At 31.12.2010

Liabilities with the due date longer than 5 years - -

Liabilities after due dates - -

Short-term liabilities – Accounting group 32 At 31.12.2009 At 31.12.2010

Liabilities after due dates 1 674 1 689

LIABILITIES (in thousand CZK)

The liabilities after the due date at the level of CZK 1 674 thousand

occurred in relation to fees for contamination of surface waters

and the consumption of underground waters. Povodí Odry has

managed this agenda by law since 2001 and sent the collected

payments to the fi nal receiver, i.e. the State Environmental Fund

(SFŽP) of the Czech Republic. The reported value of these liabilities

towards SFŽP is, at the same level, in claims of Povodí Odry

against individual contaminating parties and customers, who did

not pay the prescribed payments and there are still unfi nished

bankruptcies of insolvency procedures.

Account 336 At 31.12.2009 At 31.12.2010

Social Security 4 464 4 844

LEVEL OF THE DUE SOCIAL SECURITY PAYMENTS AND THE STATE EMPLOYMENT POLICY CONTRIBUTIONS (in thousand CZK)

Account 336 At 31.12.2009 At 31.12.2010

Health insurance 1 944 2 085

LEVEL OF THE DUE HEALTH INSURANCE-RELATED LIABILITIES (in thousand CZK)

The due liabilities were paid in January in the following

accounting period.

LIST OF LONG-TERM LIABILITIES - ACCOUNT 479 (in thousand CZK)

Contents At 31.12.2009 At 31.12.2010

Returnable fi nancial assistance from the Slovak Republic 36 532 24 354

Long-term deposits received 275 10 639

Long-term trade-related liabilities 68 -

TOTAL 39 875 34 993

Returnable fi nancial assistance from the Slovak RepublicPurpose: Completion of the reservoir Silesian Harta

Total sum of the provided fi nancial assistance: CZK 219 200

thousand

Receiving year: 1997

Maturity year: 2013

Contents Balance at 31.12.2009

Balance at 31.12.2010

TOTAL 6 210 1 830

thereof: - Short-term balance on the Balance Sheet day 4 380 1 830

- Long-term balance on the Balance Sheet day 1 830 -

LONG-TERM BANK LOANS - Account 461 (in thousand CZK)


Bank Komerční banka a.s.

Loan purpose Removal of fl ood damages caused in 1997

Loan provision year 2002 *)

Loan maturity year 2011

Interest rate 3M PRIBOR + 0.70%

Loan security -

Balance at 31.12.2010 1 830

BANK LOAN SPECIFICS

*) Loan transfer from the Union Bank, provision in 1997

NameSituation at 1.1.2010, Account 459

Creation Utilisation (Accounting)

Situation at 31.12.2010, Account 459

Reserve on not depreciated assets purchased with investment subsidies

71 805 4 716 2 007 74 514

Flood reserve 32 500 44 500 32 500 44 500

Other reserves 2 179 - 779 1 400

TOTAL 106 484 49 216 35 286 120 414

OTHER (ACCOUNTING) RESERVES - Account 459 (in thousand CZK)

RESERVES

Subsidy purpose/source At 31.12.2009 At 31.12.2010

Removal of 2006 fl ood damage/state budget 28 400 -

Removal of 2007 fl ood damage/state budget 14 522 21 800

Removal of 2009 fl ood damage/state budget - 856

Removal of 2010 fl ood damage/state budget - 5 554

Flood prevention/state budget 191 102 191 901

Flood prevention/regional budgets 16 750 7 814

Pond reconstructions/state budget 2 700 2 746

Provisions in the upper river Opava – acquisitions/state budget 99 905 49 994

Water-related planning/regional budgets200 -

Flood risks (a study) - Operation Programme by Dept. of environment 900 765

Water management monitoring system - Operation Programme by Dept. of environment - 4 519

TOTAL 354 479 285 949

INVESTMENT SUBSIDIES (in thousand CZK)

Subsidy purpose/source At 31.12.2009 At 31.12.2010

Removal of 2007 fl ood damage/state budget 2 359 -

Removal of 2009 fl ood damage/state budget 1 340 3 227

Removal of 2010 fl ood damage/state budget - 57 538

TOTAL 3 699 60 765

OPERATIONS-RELATED SUBSIDIES (in thousand CZK)

At 31.12. 2009 At 31.12.2010

Profi t/Loss before tax -16 455 31 798

PROFIT/LOSS BEFORE TAX

The difference, when compared with 2009, has been infl uenced

especially by the deferred tax liability. Its position change was

accounted for at the level of CZK 30 419 thousand in 2009 for

the benefi t of the cost group 59. That was because of the non

utilisation of tax recognised depreciation related to long-term

assets. The tax recognised depreciation was utilised in full in 2010

and the change of the deferred tax liability, at the level of CZK

18 013 thousand, was accounted for within the cost group 59.

Item Situation at 31.12.2010

ACCOUNTING BALANCE PRICE DM (ÚZH) 3 671 816

Taxation balance price DM (DZH) 2 942 427

Accounting and taxation price difference (ÚZH – DZH) 729 389

19% 138 584

Not paid interest on delay 5

19% 1

Total deferred tax liability 138 585

Deferred tax liability - Account 481 balance at 31.12.2009 120 572

- Account 481 balance at 31.12.2010 138 585

Difference – Account 592 Credit 18 013

DEFERRED TAX - ACCOUNT 481 (in thousand CZK)

The deferred tax has not been accounted for because of the

principle of carefulness.


36 37


Compulsory Balance Sheet audit At 31.12.2009 At 31.12.2010

Contracted sum in costs (w/o VAT) 150 150

Current year costs 150

Previous years’ audit (the accounting fi nalisation) 70 75

Current year audit (the running audit) 75 75

Other auditing services

STATUTORY AUDITOR’S AWARD (in thousand CZK)

Activity kind At 31.12.2009 At 31.12.2010

Revenue from sales of surface water 430 779 482 918

Revenue from the electric power production 60 937 60 568

Revenue from sold fi sh 13 859 13 699

Rent-related revenue 3 599 3 655

Revenue from sales of laboratory works 4 626 3 320

Revenue from sales of goods 7 6

Other revenue 3 091 3 146

TOTAL 516 898 567 312

REVENUE FROM SALES OF GOODS, PRODUCTS AND SERVICES BY ACTIVITY KINDS - Accounting group 60 (in thousand CZK)

Řádek rozvahy Položka (účet) Situation at the1st of January

zvýšení snížení Situation at the 31st of December

A.I Základní kapitál - kmenové jmění (úč.411) 1 519 186 - - 1 519 186

A.II Kapitálové fondy (úč. 413) 2 247 032 42 468 1 223 2 288 277

A.III Rezervní fondy, ostatní fondy ze zisku 230 012 15 244 11 576 233 680

A.III.1 Zákonný rezervní fond (úč. 421) 151 919 - - 151 919

A.III.2 Statutární a ostatní fondy 78 093 15 244 11 576 81 761

A.III.2 z toho: Fond investic (úč. 427) 46 258 - - 46 258

A.III.2 Fond kulturních a sociálních potřeb (úč. 423) 19 354 8 744 7 431 20 667

A.III.2 Fond odměn (úč. 427) 12 481 6 500 4 145 14 836

A.V Výsledek hospodaření běžného účetního období 13 964 13 785 13 964 13 785

VLASTNÍ KAPITÁL CELKEM (A.I až A.V.) 4 010 194 71 497 26 763 4 054 928

REVIEW OF CHANGES IN THE EQUITY IN THE PERIOD FROM THE 1ST OF JANUARY 2010 TO THE 31ST OF DECEMBER 2010 (in thousand CZK)

Capital funds (Account 413)

Increase: CZK 42 468 thousand (CZK 8 253 thousand – the land

gained free of charge, CZK 34 215 thousand – the free of charge

taking over long-term tangible assets),

Decrease: CZK 1 223 thousand – the land gained free

of charge.

Cultural and social fund (Account 423)

Increase: CZK 8 744 thousand (CZK 7 464 thousand – created from

the 2009 profi t, CZK 1 280 thousand – the returned borrowing and

other creation)

Decrease: CZK 7 431 thousand – the utilisation in accordance with

the collective agreement and the relevant budget.

Reward fund (Account 427)

Increase: CZK 6 500 thousand - created from the 2009 profi t,

Decrease: CZK 4 145 thousand - the utilisation of the fund for

award payments.

DESCRIPTION OF CHANGES


CASH-FLOW REVIEW for the period from the 1st of January 2010 to the 31st of December 2010 (in thousand CZK)

Označ.a

T E X Tb

Skutečnost1

P. Situation in cash and cash equivalents at the beginning of the accounting period 154 847

Cash fl ow from main earning activities (operations)

Z. Accounting profi t/loss from ordinary activities before tax 31 799

A.1. Adjustments and non monetary operations 83 732

A.1.1. Depreciation of fi xed assets, receivables and correction amortisation related to acquisitioned assets 130 618

A.1.2. Change in balances of corrections, reserves and transfer accounts for assets and liabilities with the exception of interests and differences from exchange rates -42 959

A.1.3. Profi t/Loss from sales of fi xed assets (-/+) -1 675

A.1.4. Revenue from dividends and profi t shares (-) 0

A.1.5. Accounted paid interests (+) and received interests (-) -2 253

A. * Net cash-fl ow from operations before tax, changes in working capital and extraordinary items 115 530

A.2. Change in working capital needs -25 898

A.2.1. Change in operations-related receivables (-/+) -24 709

A.2.2. Change in short-term operations-related liabilities (+/-) -1 675

A.2.3. Change in the inventory situation (-/+) 486

A. ** Net cash-fl ow from operations before tax and extraordinary items 89 632

A.3. Interest-related expenditures with the exception of capitalised interests (-) -85

A.4. Received interests with the exception of companies executing investment activities as their main business activity 2 338

A.5. Paid income tax on ordinary activities and additional tax related to previous periods 0

A.6. Income and expenditures from extraordinary accounting events 0

A. *** Net cash-fl ow from operations 91 884

Cash-fl ow from investment activities

B.1. Fixed assets acquisition-related expenditures -114 991

B.2. Revenue from sales of fi xed assets 2 206

B.3. Loans and borrowings from/to connected persons (+/-) 0

B. *** Net cash-fl ow related to investment activities -112 785

Cash fl ow from fi nancial activities

C.1. Change in long-term or short-tem liabilities balances -6 262

C.2. Impacts of changes in the own capital on monetary means -10 295

C.2.1. Increases in monetary means and monetary equivalents because of the increased equity, including deposits 0

C.2.2. Paid equity shares to partners (-) 0

C.2.3. Monetary gifts and subsidies to own equity and other monetary deposits by partners and shareholders 0

C.2.4. Coverage of a loss by partners (+) 0

C.2.5. Direct debit payments from funds (-) -10 295

C.2.6. Paid dividends or profi t shares, including the paid withholding tax (-) 0

C.3. Received dividends and profi t shares (+) 0

C. *** Net cash-fl ow related to fi nancial activities -16 557

F. Net increase or decrease in monetary means -37 458

R. Monetary means and monetary equivalents’ balance at the end of the period 117 389


38 39


ZERO ITEMS IN BOTH LAST AND CURRENT ACCOUNTING PERIODS, WHICH ARE NOT PRESENTED IN THE REPORTS

Balance SheetAssets: A., B.I.1., B.I.4., B.I.5, B.I.8, B.II.5, B.II.8., B.II.9, B.III, B.III.1 –

B.III.7, C.I.2, C.I.3, C.II.1 - C.II.4, C.II.6, C.II.8, C.III.2 – C.III.5, C.IV.3,

and C.IV.4.

Liabilities: A.I.2, A.I.3, A.II.1, A.II.3, A.II.4, A.IV. A.IV.1, A.IV.2, B.I.1 –

B.I.3, B.II.2 – B.II.8, B.III.2 – B.III. 4, B.III.9, and B.IV.3.

Pasiva: A.I.2, A.I.3, A.II.1, A.II.3, A.II.4, A.IV. A.IV.1, A.IV.2, B.I.1 –

B.I.3, B.II.2 – B.II.8, B.III.2 – B.III. 4, B.III.9, B.IV.3.

Profi t/Loss AccountC.2., F.2, V., I, VI., J., VII., VII.1 – VII. 3, VIII., K., IX, L., M., XII., P., Q.1,

XIII., R, S., S.1, S.2, *, and T.

IMPORTANT EVENTS OCCURRING DURING THE ACCOUNTING PERIOD OF 2010 AND WHICH HAVE NOT BEEN ACCOUNTED FOR ON THE BALANCE SHEET OR PROFIT/LOSS ACCOUNTS

Court dispute - OSTRAMO, Vlček a spol., s r. o. (Ltd.), laterTRANSKOREKTA, společnost s ručením omezeným (Ltd.), currently RETISE ENTERPRISES LIMITED.SThe court dispute started in 2000 by OSTRAMO, Vlček a spol.,

s r.o., of the offi cial address in Nákladní 2, Ostrava 1, fi ling a suit

related to damage compensation worth CZK 1,296,900,000 and

accessories. The damage was supposed to be caused to the

company by river Odra fl oods in summer 1997. The suit was fi led

with the District Court in Ostrava.

A new suitor TRANSKOREKTA, s.r.o. (Ltd.) of the offi cial address

then in V Zahradách 2108/180, Ostrava-Poruba, now in Mlýnská

326/13, Brno entered the proceedings on the basis of their

purchase of the claim in 2004.

The suitor was progressively increasing the originally claimed sum

of CZK 8,139,110,400 and accessories in the years 2004 and 2005.

The District Court in Ostrava issued an interim verdict at the end

of 2006. The verdict confi rmed the validity of the claim fi led

against our company. An appeal was fi led against this verdict

to the Regional Court in Ostrava in 2007. The proceedings were

then entered, in the role of a new suitor, by RETISE ENTERPRISES

LIMITED with the address in Cyprus to which the claim has been

assigned.

The verdict by the Regional Court in Ostrava, made in February

2008, cancelled the interim verdict announced by the District

Court in Ostrava.

Then, proceedings and negotiations took place at the District

Court in Ostrava in the years 2008 and 2009. The Court issued

another interim verdict at the beginning of 2010. It said that the

claim worth CZK 7,018,919,000 and the 10% interest on the delay

was rejected, while the remaining claimed part was valid. The

verdict on the claim related to the damage compensation and

on the coverage of the court proceedings was left for the fi nal

verdict.

Both the state-owned company Povodí Odry and the suitor

have appealed the interim verdict. The Regional Court has not

presented its verdict yet.

The above-mentioned facts have not been accounted for

in the Balance Sheet or in the Profi t/Loss Account because

the state-owned company Povodí Odry does not recognise

the claim and considers it not justifi ed and of a speculative

character. We thus do not envisage any outfl ow of resources

because of a future verdict related to the mentioned court suit

and any insertion of these facts in the Balance Sheet would be

considered as a distortion of the true and honest presentation of

facts in the Balance Sheet.

CHANGES IN THE PERIOD BETWEEN THE BALANCE SHEET DATE AND THE DATE OF PREPARATION OF THE FINAL ACCOUNTS

As from the 1st of January 2011, the state organisation

Agricultural Water Management Administration (ZVHS) has been

abolished in accordance with the Directive No. 27/2010 by the

Minister of Agriculture of the Czech Republic. All assets and

liabilities have been transferred to the state-owned companies

Povodí Odry and Lesy ČR (Czech Forests). The free of charge

transfers between ZVHS and the state-owned companies will

take place during 2011. The state-owned company Povodí Odry

will manage:

▪ Assets of ZVHS - in the area of the river Odra basin and related

to the transfer of administration of smaller water fl ows (in

accordance with the Waters Act, §48 (2)). This has come into

effect on the 1st of January 2011,

▪ Other assets and liabilities of ZVHS - in the area of the river Odra

basin as from the fi rst day of the calendar month following the

fi nalisation of the Protocol on the assets taking over.

The facts and data prescribed for the Attachment to the Final

Accounts, according to the Accounting Act No. 563/1991

Coll. as amended and according to the Executive Bylaw No.

500/2002 Coll., but irrelevant to the accounting unit of the state-

owned company do not make a part of this Attachment.


40 41


In 2010, the Section of investments of the Povodí Odry Company

prepared a pilot project called Revitalisation of Bílovka in the

Nature Protected Area of River Odra within the implementation of

the water fl ows’ revitalisation programme. The project has been

consequently made a part of the Environmental operational

programme, where it will be funded with means administered by

the State Environmental Fund. The fi nancial subsidy for the state-

owned company will exceed CZK 48 million within the priority 6 -

Improvements of the situation in nature and the landscape (ERDF).

All construction works related to the event will be fully funded with

this subsidy. Construction works should start in March 2011 and

fi nish in September 2013.

The objective of the revitalisation of the water fl ow Bílovka is the

increase of the natural, ecological-stabilisation, landscape and

aesthetic values of the area and the renewal of the original

fl ooding of low-laying meadows and forests close to the fl ow. The

renewal of the inactive or extinct fl ow bed of the original Stará

(Old) Bílovka is the main goal of the revitalisation. The river bed will

be renewed as a phenomenon of Stará Bílovka in meadows, while

it will not follow the then line precisely. A large part of the Odra

levee will be removed as well as the lower section of the levee

at the regulated Bílovka. The implementation of the construction

Revitalisation of Bílovka will also divide the fl ow into two branches.

The so-called Stará Bílovka will fl ow along the original route (the

renewed fl ow bed), while the branch in the regulated fl ow bed will

be maintained in its place. That will prevent changes in the existing

status of an important water fl ow and in the name of Bílovka.

After the revitalisation, there will be a large part of the area

fl ooded every year (we envisage more than 85% of the area).

In the current situation, only lower parts of the area get fl ooded

every year because of the levees.

16. Revitalisation of Bílovka

Reservoir Morávka

POVODÍ ODRY, státní podnik

www.pod.cz

AdministrationOstrava, Post Code 701 26, Varenská 49

Tel.: +420 596 657 111

Fax: +420 596 612 666

E-mail: [email protected]

Plant 1Opava, Post Code 474 05, Kolofíkovo nábřeží 54,

Tel.: +420 596 657 511

Fax: +420 596 657 500


Plant 2Frýdek-Místek, Post Code 738 01, Horymírova 2347,

Tel.: +420 558 442 911

Fax: +420 558 630 457


VZ 2010 Odryv Blok Eng 3

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